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No tariff hike in Goa for 2019-20, says Electricity department

Press Trust of India  |  Panaji 

People in were Monday spared an electricity hike for fiscal 2019-20 despite a projected revenue gap of Rs 308 crore, a state Electricity department official said.

The department informed its decision to the Joint Electricity Regulatory Commission (JERC) which held a public hearing here Monday to review the former's 2018-19 performance and determine for the next fiscal.

The hearing was chaired by JERC M K Goel along with member

Chief told the gathering that net revenue gap will be Rs 308 crore in 2019-20 but the same will be met through government budgetary support.

She said there would be no additional burden on the consumers since there would be no hike for fiscal 2019-20.

Consumer rights activist told the JERC hearing that power theft was the prime reason for increasing revenue gap.

He also told the JERC hearing about faulty electricity meters.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, January 14 2019. 19:40 IST